Russian tycoon pays $500 million to settle US tax bill

Russian billionaire Oleg Tinkov was required to pay nearly $509 million to settle US charges of tax evasion, the US Justice Department said on Friday. The banking and investment tycoon paid the back taxes and fine after pleading guilty on October 1 to felony charges of concealing more than $1 billion in assets to avoid paying taxes on them as he gave up his US citizenship in 2013.

from US News Headlines, Latest USA News, US news live on Times of India https://ift.tt/3BxbyjY

Comments

Indian national charged in crash that killed teen, victim’s mother calls for deportation

from World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India https://ift.tt/EO2Jjm4

Cosmetics giant Estée Lauder victim of mass Oracle breach

Employee data at US-based cosmetics firm Estée Lauder was compromised through a vulnerability in Oracle's software, likely orchestrated by the Cl0p ransomware gang. from ComputerWeekly.com https://ift.tt/j4iBFkS

Indians made up highest number of immigrants to Britain last year

In 2023, Indian nationals were the largest group to immigrate to the UK for work and study. The data from various sources illustrates the changing trends in immigration patterns, with a notable increase in non-EU arrivals and shifts in visa allocations, particularly in the health and care sector. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/VHriXKm

INFO AND TECH NEWS

Search This Blog